Deal to facilitate contactless payment ecosystem, providing more choice, convenience and flexibility to customers
Al Fardan Exchange, one of the UAE’s leading financial services providers, recently announced a partnership with Empay, the world’s pioneering contactless payment and instant credit ecosystem.
The deal means that Al Fardan Exchange will be the exclusive remittance partner of Empay, which was looking to scale up its operations in this important financial services sector.
The partnership agreement was signed between Hasan Fardan Al Fardan CEO, Al Fardan Exchange, Muna Al Qassab, CEO, Empay and Gigi George Koshy, Deputy CEO and CPO, Empay.
Selecting the Al Fardan Exchange icon on the Empay app now allows access its remittance services and after satisfying the one-time KYC norms as stipulated by the UAE Central Bank, users can immediately transfer money to their beneficiaries, either to a bank account, or as instant cash.
“The partnership opens yet another channel to extend Al Fardan’s services to a wider audience in the UAE, offering even more flexibility and choice to customers,” remarked Al Fardan.
“Empay seeks to fulfill the need for avoiding long queues and endless waits for international money transfer. What makes Empay unique is our customer-centric focus,” stressed Muna Al Qassab